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Technology Stocks : Cognicase (COGI, T.COG) - Integrated IT Solutions
COGI 4.550+8.3%Jul 18 5:00 PM EST

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To: Kevin Michael who wrote (453)7/29/1998 1:10:00 PM
From: Praxis  Read Replies (1) of 843
 
Very positive article in high-tech report in the Southam group of newspapers today on Cognicase with a profile on their CEO, Ron Brisebois. I like the fact that he's putting his own money on the line by increasing his stake by buying additional equity. Volpe Brown and Groome Capital both have upgraded to 'Strong-buy' recommendations.
Another positive is that the company is an attractive take-over candidate as well, and have enviable large customers such as Textron, Bell Helicopter and Hewlett-Packard.
Sales are estimated at between $42-51 mil. if they come in at the high range or better this stock will take off. Also the Caisse in Quebec has been an active buyer and has hinted at increasing their ownership.
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